MAGIC MINDS CREATION: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
MAGIC MINDS CREATION
Largest movements
- Receivables within one year +€21,888
up €21,888 (+51.4%), from €42,572 to €64,461
of which Trade receivables: +€21,285
- Deferred charges and accrued income +€9,750
new in 2025: €9,750
- Tangible fixed assets +€6,356
up €6,356 (+75.4%), from €8,425 to €14,781
of which Plant, machinery and equipment: +€7,001
- Cash +€2,383
up €2,383 (+25.6%), from €9,295 to €11,678
mainly Trade debts (+€29,568) and Net result for the year (+€8,855)
- Intangible fixed assets +€2,354
new in 2025: €2,354
- Trade debts +€29,568
up €29,568 (+151.1%), from €19,565 to €49,133
- Profit (loss) carried forward +€8,855
up €8,855 (+82.7%), from -€10,703 to -€1,848
- Other debts +€3,665
up €3,665 (+8.1%), from €45,383 to €49,048
- Gross operating margin -€12,527
down €12,527 (-38.8%), from €32,297 to €19,770
- Staff costs +€4,755
no longer reported in 2025 (was -€4,755)
- Depreciation +€1,276
up €1,276 (+59.0%), from €2,162 to €3,437
- Financial charges +€812
up €812 (+43.7%), from €1,861 to €2,674
- Taxes +€508
new in 2025: €508
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €61,292 | €103,023 | +€41,732 | +68.1% |
| Fixed assets | 21/28 | €8,425 | €17,135 | +€8,710 | +103.4% |
| Intangible fixed assets | 21 | - | €2,354 | +€2,354 | |
| Tangible fixed assets | 22/27 | €8,425 | €14,781 | +€6,356 | +75.4% |
| Plant, machinery and equipment | 23 | €3,176 | €10,178 | +€7,001 | +220.4% |
| Furniture and vehicles | 24 | €5,248 | €4,603 | -€645 | -12.3% |
| Current assets | 29/58 | €52,867 | €85,889 | +€33,022 | +62.5% |
| Amounts receivable within one year | 40/41 | €42,572 | €64,461 | +€21,888 | +51.4% |
| Trade receivables | 40 | €42,297 | €63,582 | +€21,285 | +50.3% |
| Other amounts receivable | 41 | €275 | €879 | +€603 | +219.3% |
| Current investments | 50/53 | €1,000 | - | -€1,000 | |
| Cash at bank and in hand | 54/58 | €9,295 | €11,678 | +€2,383 | +25.6% |
| Deferred charges and accrued income | 490/1 | - | €9,750 | +€9,750 | |
| Total equity and liabilities | 10/49 | €61,292 | €103,023 | +€41,732 | +68.1% |
| Equity | 10/15 | -€5,703 | €3,152 | +€8,855 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,703 | -€1,848 | +€8,855 | +82.7% |
| Amounts payable | 17/49 | €66,994 | €99,871 | +€32,877 | +49.1% |
| Amounts payable within one year | 42/48 | €66,994 | €99,871 | +€32,877 | +49.1% |
| Trade debts | 44 | €19,565 | €49,133 | +€29,568 | +151.1% |
| Suppliers | 440/4 | €19,565 | €49,133 | +€29,568 | +151.1% |
| Taxes, remuneration and social security | 45 | €2,047 | €1,691 | -€356 | -17.4% |
| Taxes | 450/3 | €2,047 | €1,691 | -€356 | -17.4% |
| Other amounts payable | 47/48 | €45,383 | €49,048 | +€3,665 | +8.1% |
| Remuneration, social security and pensions | 62 | -€4,755 | - | +€4,755 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,162 | €3,437 | +€1,276 | +59.0% |
| Other operating charges | 640/8 | €1,919 | €1,422 | -€496 | -25.9% |
| Non-recurring operating charges | 66A | - | €2,880 | +€2,880 | |
| Gross operating margin | 9900 | €32,297 | €19,770 | -€12,527 | -38.8% |
| Operating profit (loss) | 9901 | €32,972 | €12,031 | -€20,941 | -63.5% |
| Financial income | 75/76B | €13 | €5 | -€8 | -59.6% |
| Recurring financial income | 75 | €13 | €5 | -€8 | -59.6% |
| Financial charges | 65/66B | €1,861 | €2,674 | +€812 | +43.7% |
| Recurring financial charges | 65 | €1,861 | €2,674 | +€812 | +43.7% |
| Profit (loss) for the period before taxes | 9903 | €31,124 | €9,362 | -€21,762 | -69.9% |
| Income taxes | 67/77 | - | €508 | +€508 | |
| Profit (loss) for the period | 9904 | €31,124 | €8,855 | -€22,269 | -71.6% |
| Profit (loss) for the period to be appropriated | 9905 | €31,124 | €8,855 | -€22,269 | -71.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.